Question about /opinion sort, about company pension contributions

[robster234]

Hi,

 

I started a new role a little over two years ago.  Within the  employment offer made to me there was a statement regarding pensions which was "a contributory pension will be available for you to join...... subject to the terms and conditions of the scheme – this would be a 5% contribution from the company, 3% from you".

 

With every other company I have worked for my pension contribution % has always been based on my entire salary (including bonus).  This company is basing it on earnings over £6,240 up to a limit of £50,270 (I earn more than £50k) therefore the % amount of total pension contibutions is 8% of £44030.  This is significanlty less than I was expecting when I took the role.  I think the % statement in the offer letter was missleading to be honest and there should have been a clear statement at the time that the pension was not paid on full salary.

 

I would like to know other's opinions on this before I speak to my employer.

 

Thanks

 

 

[Emmzzi]

I agree it is misleading but would have to ask why it has taken 2 years to raise it, and what has changed now?